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Betty's Group
In this Group: Betty, Josephine, Namukwaya, Remegro, Aidah, John Bosco, Gertrude, Tom, Israel, Dezi, Mary, Betty, Mary, William, Teopista, Juliet
Betty, a mother of 5 children and a widow, owns a tailor shop as well as a farming shop. She has been operating her tailor shop for 8 years. Her expenses include providing schooling fees for two of her children and paying wages to her employees. She plans to use the loan to pay her employees for her tailor shop. She dreams that one day she will have a thriving businesses and will be able to live comfortably.

Additional Information

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Uganda

  • $1,500
    Average annual income
  • 220
    View loans »
    Uganda Loans Fundraising
  • $29,088,225
    Funds lent in using Kiva
  • 2,189.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Betty's Group's $4,050 loan helped a member tailoring shop payroll.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 2, 2009
Listed
Apr 22, 2009
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2009